Nepal sees growth in remittances, forex reserves in past FY

NAMPA / Xinhua
2025-08-24
KATHMANDU, Aug. 24 (Xinhua) -- Nepal recorded a growth in both foreign exchange reserves and remittances in the 2024-25 fiscal year, which ended in mid-July, the central bank said on Sunday. The forex reserves increased by 27.7 percent to 19.5 billion U.S. dollars, up from 15.26 billion dollars in 2023-24, the Nepal Rastra Bank said in a report. Remittance inflows grew by 16.3 percent year-on-year to 12.64 billion dollars in 2024-25. "Ba......
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